Wind energy generation in Finland has demonstrated significant growth over the past decade. From a modest 0.77 TWh in 2013, it surged to 12.59 TWh in 2023. Year-on-year variations indicate robust increases, notably in 2015 (110.21%) and 2022 (45.53%), though with slight decelerations in 2019 and 2021 (3.19% and 3.05% respectively). The compound annual growth rate (CAGR) over the last five years up to 2023 stood at 16.62%, reflecting sustained development despite some fluctuations.
Future trends to watch for include:
- Continued expansion, with forecasts indicating 21.23 TWh by 2028
- A projected 5-year CAGR of 8.16%, suggesting a gradual slowdown but steady growth
- Potential impacts of technological advancements and policy incentives aimed at renewable energy adoption
This trajectory places Finland as an emerging player in wind energy, contributing significantly to its renewable energy mix.
